NOVEMBER 2017

Week 48

Orient Aviation - www.orientaviation.com

Asia-Pacific carriers continued building their fleets and networks this week. China’s flag carrier, Air China, took delivery of its first A320neo and the country’s fast growing Hainan Airlines accepted its first B737 MAX 8. On Thursday, Chinese domestic airline, OK Airways, finalised an order for five B787-9s, at a list price of US$1.4 billion, following the signing of a preliminary agreement for the airliners in June. At the Paris Air Show, the airline made a firm order for 15 B737 MAXs. Catalogue prices for the jet deal were US$1.8 billion.

In India, IndiGo Airlines received its first of 50 on-order ATR72-600s and halfway round the world, in Honolulu, Hawaiian Airlines became the seventh operator of the A321neo.

In other news this week, the U.S. Department of Transportation approved the Korean Air-Delta Air Lines joint venture, LOT Polish Airlines announced a route to Singapore and Airbus’ A350-1000 gained EASA and FAA approvals.

Privately controlled Mainland carrier, OK Airways, has finalised the purchase of five B787-9s, at list prices of US$1.4 billion, the airline and the manufacturer jointly announced on Thursday.Read More »

Keen to expand in the Asia-Pacific, CAE this week concluded the acquisition of AirAsia Group’s share of the Asian Aviation Centre of Excellence (AACE) for US$100 million, including earn-out.Read More »

Avolon, controlled by China’s HNA Group, this week agreed to an order for 75 B737 MAXs: 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s at list prices close to US$11 billion.Read More »

Aircraft Recycling International (ARI) has appointed John Leech as senior vice president of its “Mid-Life Aircraft Leasing” division, based out of ARI’s Dublin office and responsible for the development and daily management of used aircraft leasing.Read More »

Shorttakes

MRO: South Korean low-cost carrier, Jeju Air, has expanded its partnership with AFI KLM E&M by increasing the scope of its existing engine support contract to include a further ten CFM56-7B shop visits.Read More »